580 Highbury Ave N
London, N5W 4K8
FOR SALE
$699,000
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3 + 2
BEDROOMS3
BATHROOMS2
KITCHENS7 + 3
ROOMSX8261268
MLSIDContact Us
Property Description
Attention: Investors and first time buyers. Currently rental home with earning potential up to $4,800.00 Owner can live in the main floor and rent out to the basement. Currently rented to two student couples. Current renters can be assumed or vacant possessions possible. This 1 floor home features an open concept kitchen with updated cabinetry, Dining Room and Living Room space with 3 bedrooms and a full bathroom. Maintainable yard with access to parking at the back of the house. Driveway is on Beattie Ave which means the parking is much more accessible and easier to access. Lots of charm and character. Quick access to downtown, the 401, Fanshawe College, London transit, make this location very appealing.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-06-10 | 2019-06-11 | 3 | $189,900 | $260,300 | Sold |
| 2023-08-28 | 2023-10-20 | 53 | $690,000 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
32' x 120'
Fronting
West
Taxes
$2,236 (2023)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.66' x 9.97' | Hardwood Floor |
| Living | Main | 9.97' x 13.22' | Hardwood Floor |
| Dining | Main | 9.97' x 13.16' | Hardwood Floor |
| Kitchen | Main | 11.81' x 9.97' | Ceramic Floor |
| Br | Main | 9.97' x 9.58' | Hardwood Floor |
| 2nd Br | Main | 9.58' x 9.09' | Hardwood Floor |
| 3rd Br | Main | 9.06' x 9.42' | Hardwood Floor |
| 4th Br | Bsmt | 10.01' x 10.01' | Vinyl Floor |
| 5th Br | Bsmt | 10.50' x 8.99' | Vinyl Floor |
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London Market Statistics
London Price Trend
580 Highbury Ave N is a 3-bedroom 3-bathroom home listed for sale at $699,000, which is $45,367 (6.9%) higher than the average sold price of $653,633 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom home in London increased by $5,524 (0.9%) compared to the previous 30 day period (March 4 - April 2) and up $26,588 (4.2%) from the same time one year ago.Inventory Change
There were 209 3-bedroom homes listed in London over the last 30 days (April 3 - May 2), which is up 287.0% compared with the previous 30 day period (March 4 - April 2) and up 533.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,126) (1.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $427 increase compared to the previous 30 day period (March 4 - April 2) and ($14,600) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in London over the last 30 days (April 3 - May 2) stood at 267.9%, down from 313.0% over the previous 30 days (March 4 - April 2) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 16 days when successfully sold over the last 30 days (April 3 - May 2), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Associates Inc.
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